Direxion Daily QCOM Bear 1X ETF (NASDAQ:QCMD – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 7,571 shares, a growth of 184.8% from the May 31st total of 2,658 shares. Approximately 7.6% of the shares of the company are sold short. Based on an average daily volume of 34,681 shares, the days-to-cover ratio is currently 0.2 days.
Direxion Daily QCOM Bear 1X ETF Stock Performance
Shares of NASDAQ QCMD traded up $1.15 during mid-day trading on Friday, reaching $16.12. 73,731 shares of the company were exchanged, compared to its average volume of 27,264. The firm’s 50-day moving average is $17.27. Direxion Daily QCOM Bear 1X ETF has a twelve month low of $12.57 and a twelve month high of $29.55.
Direxion Daily QCOM Bear 1X ETF Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd will be issued a $0.1268 dividend. This represents a $0.51 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, June 23rd.
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